Kittila

Kittila, northern Finland

The Kittila mine in northern Finland is the largest primary gold producer in Europe, and it hosts the Company’s largest mineral reserves. Kittila achieved commercial production on May 1, 2009, becoming Agnico Eagle’s first mine to open outside of Canada. Since open-pit mining was completed in 2012, Kittila has been an underground-only operation.

Key Facts

Mine Type

Underground

2020 production

208,125 oz gold

2020 production costs

$816/oz gold

2020 total cash costs

$805/oz gold

Gold reserves

4,067,000 oz

2021 production guidance

250,000 oz gold

2021 total cash costs guidance

$760/oz gold

Mine life

2034

Mine Production

2020 Output

Employees

456